How Can You Save More?

December 19, 2018
People are hardwired to value earning money more than saving it. In this episode, Mark Riepe and Carrie Schwab-Pomerantz discuss both saving and spending strategies.

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After you listen

  • To read more about saving and planning from Carrie Schwab-Pomerantz, visit Schwab.com/AskCarrie.
  • It helps to document your goals. You can talk to Schwab about creating—and sticking to—a financial plan. Call us at 800-355-2162 or visit a branch near you.
  • To read more about saving and planning from Carrie Schwab-Pomerantz, visit Schwab.com/AskCarrie.
  • It helps to document your goals. You can talk to Schwab about creating—and sticking to—a financial plan. Call us at 800-355-2162 or visit a branch near you.

A recent report shows that 26% of all workers have saved less than $1,000 for retirement and 64% have saved less than $100,000. In this episode, Mark Riepe talks with Carrie Schwab-Pomerantz about ways to overcome some common mental blocks to saving more—and to put savings on autopilot.

  • You can read more about how much American workers have saved at the Employee Benefits Research Institute.
  • The study "How Much Should People Save?" shows that more than half of workers are considered "at risk" of not being able to maintain their standard of living in retirement.
  • See if you are on track to meet your savings goals with Schwab's Savings Calculator.

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